Release alerts
Get GBP Trade Balance alerts
Enter an email and FXMacroData will notify you when selected official-source macro releases are published.
United Kingdom Trade Balance
United Kingdom's trade balance measures the difference between its exports and imports of goods and services over a given period. A positive balance (surplus) means exports exceed imports; a deficit is the reverse.
- Latest
- --
- Reference date
- --
- Previous
- --
- Change
- --
Why Trade Balance matters for GBP
Trade surpluses require foreign buyers to acquire gbp to pay for United Kingdom exports, creating structural demand for the currency. Large and persistent deficits can create sustained downward pressure on the gbp.
How to interpret this series
A widening trade surplus or a narrowing deficit is broadly gbp-positive. A deteriorating trade balance—especially driven by weaker export volumes—may signal slowing global demand and can weigh on the gbp.
Historical Trade Balance
Source: ONS. Cadence: Monthly. Unit: GBP mn. History from 2010-03-31 (16.2 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related United Kingdom indicators
Move to adjacent releases in the same macro category.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Exports of Goods & Services
Total exports reported by ABS (AUD millions), quarterly based on national accounts.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Imports of Goods & Services
Total imports reported by ABS (AUD millions), quarterly based on national accounts.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
How does a trade surplus affect the gbp?
Export revenues generate demand for the domestic currency as foreign buyers convert their currency to pay United Kingdom exporters. Persistent surpluses create structural buying pressure.